Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,600,000

· Closed August 3, 2022

40 E 88TH Street #4B
Closed For Sale Co-op

$3,600,000

40 E 88TH Street #4B

Upper East Side, Manhattan

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MLS® #RLS10790016

RLS at REBNY

Listing by Douglas Elliman Real Estate

4

Bedrooms

4

Baths

N/A

Sq. Ft.

1929

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Year Built 1929
Ownership Co-op
Maintenance $4,498/mo
Neighborhood Upper East Side
Floor 4 of 15

Property Highlights

  • Exposure: North,West facing
  • Character: Pre-war building (1929)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 4 Full
Floor 4 of 15
Exposure North,West
Pets Yes
Year Built 1929
Parcel # 1499-0051-00040-000-000004B

Listing History

Event Date Price Change
Listed Apr 20, 2022 $3,200,000 -
Currently May 6, 2026 $3,600,000 +12.5%

Description

Welcome to Apartment 4B - A Prewar Classic 7 with "great bones" in 40 East 88th Street, one of Carnegie Hill's most prestigious and sought-after white glove cooperative buildings, built in 1930. This grand and gracious three bedroom (plus a staff room/home office), four bathroom apartment is a classic Carnegie Hill home. Its beautifully proportioned rooms are perfect for living and entertaining, with old-world detail, elegance and scale. The classically gracious floor plan includes a huge entry gallery, a enormous corner living room featuring a rare wood-burning fireplace and views of Central Park and the Guggenheim, a banquet sized formal dining room, a large kitchen with butler's pantry and adjacent staff room / home office with a full bath, as well as an exceptionally generous primary bedroom with an ensuite bath and dressing room. Both the large second and third bedrooms are also ensuite and boast amazing closets. Situated on a corner, with over-sized windows and both north and west exposures, the apartment has abundant natural light throughout the day, as well as lovely views of the tree-lined blocks and landmark architecture so distinctive of the neighborhood. Prewar details include herringbone floors, original moldings and trim, beamed ceilings and a wood-burning fireplace. Apartment 4B checks all the boxes and is ready for a new owner to call it home!

The array of amenities includes a gym, full-time doorman, live-in resident manager, bike room, laundry and a storage unit which trades with the apartment. Located in one of the most desirable stretches of the Carnegie Hill Historic District, one block from Central Park and the Jacqueline Kennedy Onassis reservoir, and amidst the best shops on Madison Avenue. The building is pet friendly and permits 50% financing. There is currently a monthly assessment of $1,682.10.

Building Information

Financial Details

Maintenance $4,498/mo
Original Price $3,200,000
Sale Price $3,600,000
Previous Price $3,200,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

333

Median Asking Price

$1.75M

Median $/Sqft

$1,509

Avg Days on Market

N/A

New This Week

12

Price Reduced

28%

Sold (30 Days)

38

Median Sale Price

$1.56M

Live data from RLS at REBNY • Updated 5/5/26, 8:50 PM EST

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Location

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40 E 88TH Street #4B, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
1
Residential Units
R3-1
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $82,920
Land Value: $18,480
Exemptions: $1,420

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,967 SF
Building Area: 1,620 SF
Built FAR: 0.82
Allowed FAR: 0.75

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $4,498 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1929, making it approximately 97 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10790016
First Listed: 4/20/2022
Price Changed: 8/3/2022
Closed: 8/3/2022
Contract Date: 4/20/2022

Listing Courtesy of Douglas Elliman Real Estate - Toni Asch

Listing Contact: (917) 873-6918

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 12:50 AM UTC

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